SGX RegCo

SGX RegCo launches public consultation on nine-year independent director terms, explicit salary disclosures - THE EDGE SINGAPORE

Environmental, Social and Governance

SGX RegCo launches public consultation on nine-year independent director terms, explicit salary disclosures

MAS already imposes a hard nine-year tenure cap on IDs of Singapore-incorporated banks, insurers and managers of REITs.

Company in the news

SGX RegCo has "no objection" to trading resumption of Best World shares

The company’s shares have been suspended since 2019

Company in the news

Best World International submits trading resumption proposal

The company's shares has been suspended since 2019

Markets

SGX delivers resilient performance with multiple growth streams and partnerships

"Our multi-asset strategy has paid off"
SGX RegCo moots caps on independent director terms, salary declarations - THE EDGE SINGAPORE

Environmental, Social and Governance

SGX RegCo moots caps on independent director terms, salary declarations

SGX RegCo CEO Tan Boon Gin warned of these two concerning trends, adding that he is “quite disappointed” with companies.

Regulatory Action

SGX RegCo flags Eneco Energy for further probes following independent review

Eneco Energy shares have been suspended from trading since March 9 2020.
ACRA and SGX RegCo set up advisory committee to bring sustainability reporting forward - THE EDGE SINGAPORE

Environmental, Social and Governance

ACRA and SGX RegCo set up advisory committee to bring sustainability reporting forward

Esther An, chief sustainability officer at CDL, is chairperson of the committee

Regulatory Action

SGX RegCo further extends suspension of Watch-List entry

The suspension was first introduced in June 2020 with the outbreak of the pandemic

Regulator's column

Live engagement and voting expected at all AGMs for FYs ending 30 June 2022 or after

AGMs can still be held virtually, but shareholders should be able to directly and immediately engage with the Boards and vote

Regulator's column

Regulator’s Column: Duties of directors under the Listing Rules

Directors need to take note of the interaction of their statutory duties with their obligations under the Listing Rules
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